KEEL Stock Gets Lower EPS Estimate from Northland Securities

Key Points

• Northland cut its Q4 2026 EPS forecast to a loss of $0.09 per share from its prior estimate of $0.10 in earnings, while the full-year consensus estimate is a loss of $0.41 per share.
• Keel reported a Q3 loss of $0.10 per share, missing analysts’ expected loss of $0.07; revenue was $27.6 million, and the quarterly loss widened year over year.
• Keel is shifting from bitcoin mining toward AI data-center infrastructure, but leasing, permitting and financing hurdles could delay commercialization. Eight analysts rate the stock Buy, and the consensus rating is Moderate Buy with a $5.41 target price.

Keel Infrastructure (NASDAQ:KEEL - Free Report) - Northland Securities dropped their Q4 2026 EPS estimates for shares of Keel Infrastructure in a report released on Thursday, November 5th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings per share of ($0.09) for the quarter, down from their previous forecast of $0.10. The consensus estimate for Keel Infrastructure's current full-year earnings is ($0.41) per share.

KEEL has been the subject of a number of other reports. HC Wainwright decreased their target price on Keel Infrastructure from $4.00 to $3.25 and set a "buy" rating for the company in a report on Thursday. Citigroup restated a "buy" rating on shares of Keel Infrastructure in a report on Monday, August 10th. The Goldman Sachs Group assumed coverage on Keel Infrastructure in a research report on Friday. They issued a "neutral" rating and a $2.00 price target on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Keel Infrastructure in a research note on Friday, October 9th. Finally, BTIG Research started coverage on Keel Infrastructure in a research report on Wednesday, July 22nd. They set a "buy" rating and a $8.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Keel Infrastructure currently has a consensus rating of "Moderate Buy" and a consensus target price of $5.41.

Keel Infrastructure Price Performance

Keel Infrastructure stock opened at $1.87 on Monday. The firm has a market capitalization of $1.16 billion, a P/E ratio of -6.23 and a beta of 4.10. The company has a current ratio of 12.13, a quick ratio of 12.00 and a debt-to-equity ratio of 3.74. Keel Infrastructure has a twelve month low of $1.60 and a twelve month high of $7.37. The stock's fifty day simple moving average is $3.03 and its 200-day simple moving average is $3.87.

Keel Infrastructure (NASDAQ:KEEL - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The business had revenue of $27.60 million during the quarter. Keel Infrastructure had a negative return on equity of 102.27% and a negative net margin of 309.79%. During the same period last year, the business posted ($0.02) EPS.

Institutional Trading of Keel Infrastructure

A number of institutional investors have recently bought and sold shares of the business. ACT Capital Partners L.P. acquired a new position in shares of Keel Infrastructure during the 3rd quarter worth about $263,000. Moors & Cabot Inc. acquired a new stake in shares of Keel Infrastructure during the 3rd quarter worth about $585,000. Turn8 Private Wealth Inc. acquired a new stake in shares of Keel Infrastructure during the 3rd quarter worth about $282,000. M Holdings Securities Inc. acquired a new stake in shares of Keel Infrastructure during the 3rd quarter worth about $210,000. Finally, Chicago Partners Investment Group LLC acquired a new stake in shares of Keel Infrastructure during the 3rd quarter worth about $719,000. 20.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Keel Infrastructure

In other news, CEO Benjamin Gagnon acquired 38,888 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was acquired at an average cost of $3.33 per share, with a total value of $129,497.04. Following the transaction, the chief executive officer owned 1,386,624 shares in the company, valued at approximately $4,617,457.92. This trade represents a 2.89% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Liam Wilson bought 30,769 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were purchased at an average price of $3.25 per share, with a total value of $99,999.25. Following the purchase, the chief operating officer owned 100,978 shares of the company's stock, valued at approximately $328,178.50. This represents a 43.82% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 128,545 shares of company stock valued at $425,593. Corporate insiders own 9.50% of the company's stock.

Key Keel Infrastructure News

Here are the key news stories impacting Keel Infrastructure this week:

• Neutral Sentiment: Keel said it is advancing AI data-center projects and lease negotiations at three near-term sites. It expects the Sharon and Panther Creek substations to be energized in 2027, with high-performance computing revenue also targeted for 2027. Keel Infrastructure Q3 results
• Neutral Sentiment: The company sold all 2,520 bitcoin held in its treasury during Q3 for about $192 million, providing funds for its transition from bitcoin mining to AI infrastructure while also ending its direct BTC exposure. Keel sells its bitcoin treasury
• Negative Sentiment: Q3 adjusted results disappointed: Keel lost $0.10 per share versus analysts’ expected loss of $0.07, while revenue was $27.6 million and was reported lower year over year. The company’s loss also widened from the prior-year quarter. Keel Q3 loss widens
• Negative Sentiment: Management cited leasing delays, Pennsylvania permitting and financing as key hurdles; it has not yet secured data-center leases, and an expansion load-study update was pushed to Q1 2027. These delays could postpone commercialization and revenue from the AI pivot. Q3 call highlights leasing delays and AI expansion
• Negative Sentiment: Analysts lowered their price targets: Chardan cut its target to $3.75 from $4.50, while HC Wainwright reduced its target to $3.25 from $4.00. Both retained Buy ratings, but the cuts signal reduced near-term expectations. Chardan lowers Keel price target

Keel Infrastructure Company Profile

Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.

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